If, as a person consumes additional units of a good, total utility rises by a constant amount, it follows that
A)marginal utility is rising.
B)marginal utility is falling.
C)total utility and marginal utility are equal.
D)marginal utility is constant.
E)marginal utility is negative.

Question

Quizplus · Accepted Answer

If total utility increases by a constant amount with each additional unit consumed, it means that the additional satisfaction (marginal utility) gained from each unit is the same, hence marginal utility is constant.

If, as a Person Consumes Additional Units of a Good